BUSINESS
Log in to tech stocks, Nifty IT can move another 5-8% in short term: Rajesh Palviya of Axis Securities
The range for the July series is at 16,000-16,500 on the upside and 15,500 –15,300 on the downside, says Palviya.
BUSINESS
Nifty eyes 16,000 in July series, 10 trading ideas for the next 3-4 week
Unlike June, which is typically a month of consolidation and deceleration, July has a reputation for high action and expanded moves.
BUSINESS
A technical indicator on RIL charts shows bullishness, experts see further upside
Once the stock manages to cross above Rs 2,200 levels, it may regain strength on the near-term chart and can scale up further towards Rs 2,250-2,300 in the short term, suggest experts.
BUSINESS
Gold Price Today: Yellow metal trades flat, experts say use dips to buy for target of Rs 47,100
Buy gold on dips around 46770 with a stop loss below 46550 for the target of 47100 and in silver around 67400 with a stop loss below 66900 for the target of 68500, suggest experts.
BUSINESS
Heads up! High beta midcap names are showing negative divergence: Sacchitanand Uttekar of Tradebulls Securities
Retail investors and DIIs were major participants in lapping up small and mid-cap stocks and now they are also booking some profits and taking money off the table, says Uttekar.
BUSINESS
Small & Midcaps outperform; 21 stocks in BSE500 index rose 10-20% last week
The broader markets outperformed benchmark indices which suggest that the rally is broad-based. Stocks that continue to outperform are from the infra, banking, consumption, chemicals, and logistics space.
BUSINESS
D-Street Talk: This fund manager managing over Rs 90000 cr in AUM likes largecaps over smallcaps now
For the last 12 months, we have been more externally biased as we looked at IT, pharma, ancillaries, and chemical, but for the next 3-12 months, it is time to start looking at sectors which are domestic recovery play,
BUSINESS
Trade Spotlight: What should investors do with RIL, V-Mart and Bharat Electronics?
Reliance Industries fell over 2 percent, Bharat Electronics rose over 1 percent to hit a 52-week high and V-Mart gave up gains after hitting a fresh 52-week high to close in the red on June 24.
BUSINESS
DAILY VOICE | Vikas Gupta of OmniScience Capital advises investors against going after bull market stars
Speculating on exiting equity markets because a crash will happen is not a strategy. Nor chase stocks due to FOMO (fear of missing out). Stick to your asset allocation and continue systematic allocation every month to equities, says Gupta.
BUSINESS
After The Bell: Nifty rallies 100 points on F&O expiry day, what should investors do on Friday?
While the bias is on the upside and there is still room for the index to conquer 16100, experts recommend a buy-on-dips approach.
BUSINESS
Stock Mantra | This pharma stock that has doubled since November may rally 20% in next 3-6 months
Since February, the stock has been in a steady uptrend, forming higher highs and higher lows on the daily chart. A month ago, the stock hit a high of Rs 3,515 which was followed by a sideways-to-negative price correction, say experts
BUSINESS
Gold Price Today: Yellow metal trades lower, experts say buy on dips for a target of Rs 47,300
Buy gold on dips around Rs 46,900 with a stop loss of 46,680 for the target of 47,300 and in silver around Rs 67,400 with a stop loss of 66,900 for the target of 68,600, say experts.
BUSINESS
Trade Spotlight: What should investors do with Godrej Agrovet, Venky’s and BEL?
Stocks that were in focus include Godrej Agrovet which closed with gains of over 9 percent, Venky’s rose more than 7 percent, and Bharat Electronics closed with gains of 11 percent on Wednesday.
BUSINESS
DAILY VOICE | H2 2021 to be more of a stock pickers market: Amnish Aggarwal of Prabhudas Lilladher
Indian markets are currently trading at a premium to 10-year averages and seem quite balanced as it factors in a sharp revival in growth, says Aggarwal.
BUSINESS
After The Bell: Nifty drops below 15700; what should investors do on Thursday?
Nifty has to hold above 15700 zones to witness an up move towards 15800 and 15900 zones, while on the downside support can be seen at 15600 and 15550 zones, suggest experts.
BUSINESS
Meet The Fund Manager: Arpit Shah of CARE PMS outsmarts others in May; HIL, LT Foods top picks
“I don’t believe people can make easy money from the market on a sustainable basis. Investors have to be cautious and calculative. Smallcap is a wide space, and identifying companies and staying invested require a lot of due diligence on a regular basis,” Shah tells Moneycontrol’s Kshitij Anand in an interview.
BUSINESS
Small & Midcap Mantra: BEML doubles in 1 year, looks set to hit fresh 52-week high in next 2-3 months
The PSU has picked up well from the low of around Rs 600 level during November 2020 to scale the peak of Rs 1,542 in the month of March 2021, gaining almost 157 percent
BUSINESS
Gold Price Today: Yellow metal trades higher; buy for a target of Rs 47,350
Buy gold around Rs 46900 for a target of Rs 47350 with a stop loss of Rs 46680. Silver around Rs 67200 with a stop loss of Rs 66600 for the target of Rs 68200, suggest experts.
BUSINESS
Trade Spotlight: What should investors do with Piramal, IOB & Central Bank?
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today
BUSINESS
After The Bell: Sensex climbs 53k but closes flat amid profit-booking; what should investors do on Wednesday?
The index has to hold above 15750 zones to witness an up move towards 15900 and 16000 zones, while on the downside support can be seen at 15600 and 15550 zones, suggest experts.
BUSINESS
Tata Elxsi, Vaibhav Global are top businesses to bet on for long term: Pritam Deuskar of Wealthyvia.com
There can be temporary worries of inflation, crude oil, or the dollar rising, and also we haven’t had a correction of more than 5% from the 7500 one-way rally, says Deuskar.
BUSINESS
Small & Midcap Mantra | This underperformer from the auto space can zoom up to 80% in 6 months
With the long-term moving average sloping upwards, the next logical target for the stock is placed at Rs 1,115-1,350 which translates into an upside of 50-80% from the June 18 closing price of Rs 748, suggest experts.
BUSINESS
Mirae Asset, with Rs 70,000 cr in AUM, raises stake in banks: ICICI, HDFC Bank among top 10 holdings
In a period of pandemic-driven volatility, the AMC’s top stock holdings include companies like HDFC Bank, ICICI Bank, Infosys, RIL, Axis Bank, TCS, Maruti Suzuki, and Dr Reddy’s Laboratories; firm eyes under-penetrated sectors
BUSINESS
Gold Price Today: Yellow metal trade higher, experts say buy for a target of Rs 47,400
Gold can be bought on dips around 46950 with a stop loss of 46680 for the target of 47400 and in silver around 67400 with a stop loss of 66800 for the target of 68500, suggest experts.
